Math Problem Statement
A manufacturing company monitors the downtimes on its key fabricating machines. Data for the downtimes on one particular machine are given in the accompanying data table. Assuming that the downtimes are exponentially distributed, use the data to find the probability that a specific downtime will exceed
0.90.9
minuteminute.
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Part 1
The probability that a specific downtime will exceed
0.90.9
minuteminute
is
enter your response here.
Solution
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Math Problem Analysis
Mathematical Concepts
Probability Theory
Exponential Distribution
Formulas
P(X > x) = e^(-λx)
Theorems
Exponential Distribution Theorem
Mean and Rate Parameter Relationship
Suitable Grade Level
Undergraduate
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